No biggie.
Posted on 01/31/2018 8:38:08 AM PST by rktman
The director of the Centers for Disease Control and Prevention (CDC), Brenda Fitzgerald, bought tobacco stock while in office, Politico reported Tuesday.
The purchase poses a serious risk of conflict of interest given that the CDC helps lead efforts to prevent smoking.
A Department of Health and Human Services (HHS) spokesperson confirmed the “potentially conflicting” purchase to The Hill, saying they were handled by her financial manager and she later sold the stock.
The stock purchase was between $1,001 and $15,000 in Japan Tobacco, Politico reported.
She also reportedly bought stock in a range of health-care companies, including Humana and Merck.
(Excerpt) Read more at thehill.com ...
Japan Tobacco? What do they do, sell tobacco to Japan? That might be Japan’s health concern if so, but not ours....
No biggie.
Well, anyone who bought insurance stocks during obamacare did very well.
Yet Obama giving a billion tax payer dollars to Hamas is no conflict of interest.
The tabacco stock does not bother me- legitimate company selling a legal product. She should have had better judgement on the health care stocks- huge potential conflict of interest.
Stock purchase was between $ 1001 and $ 15,000.
Thanks for the clarification on that ...
Bought tobacco stock in a nation she has no authority or leverage in.
Aaaaand the conflict of interest is... where?
Well, “the hill”. Just think had it been Russian toebackee!
Japan Tobacco is the parent of Camel and Winston for my less informed Freepers. You don’t hold a position like hers and get anywhere near individual stock buys and sells of companies you are regulating. This was STUPID on her part and certainly opened her up to a potential insider trading case down the line.
All this over a purchase between 1001 and 15,000 bucks?
It sounds like her broker gave her a list of recommended stocks and she just said, “Ok.”
At least there weren’t any micro rocket types that Tiger Tanaka offered 007.
This cigarette, it could save your life.
I don’t care if it’s ONE DOLLAR. If we are going to hold DACA to a high standard of legality we do so with our side too. YOU DON’T buy stocks you are regulating. That is a CLEAR violation of federal rules for serving in that position.
You mean it isn’t “Camel-Winston, Inc.”?
Well yeah... what I’m curious is why she doesn’t do a blind trust.
She may also have purchased stock in a company whose board member once ogled a half dressed woman when he was in college.
CDC regulates tobacco? I don’t think so!
She did not individually buy them (her broker service did and she may have been unaware of the purchase) and CDC does not regulate tobacco.
All should read the Politco articles on this - she was divesting of these stocks, but there two complex investments (GW Ventures and Greenway Messenger) that she could not divest from within the time that congress wanted.
” YOU DON’T buy stocks you are regulating. “
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I was not aware that the CDC regulated stocks-———when did this start?
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